STOCK TITAN

CFO of ACRES Commercial Realty Corp. (NYSE: ACR) receives 7,856 merger shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ACRES Commercial Realty Corp. reported that its SVP & CFO, Eldron C Blackwell, acquired 7,856 shares of Common Stock on August 6, 2026, at a stated price of $0.0000 per share, classified as a grant, award, or other acquisition in connection with a merger-related share conversion. Following this transaction, Blackwell directly holds 13,288 shares of the Company’s Common Stock.

Positive

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Negative

  • None.
Insider Blackwell Eldron C
Role SVP & CFO
Type Security Shares Price Value
Grant/Award Common Stock F1 7,856 $0.00 $0.00
Holdings After Transaction: Common Stock — 13,288 shares (Direct)
Footnotes (1)
  1. F1. Pursuant to the Agreement and Plan of Merger, dated April 29, 2026, between ACRES Commercial Realty Corp. (the "Company") and ACRES Holdings Sub LLC, a subsidiary of the Company, on the one hand, and ACRES Capital Corp ("ACC") and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company, on the other hand, (i) each outstanding share of common stock, $0.0001 par value per share, of ACC converted into the right to receive 2.61882 shares of common stock, $0.001 par value per share, of the Company.
Shares acquired 7,856 shares Common Stock acquired on 2026-08-06 via grant, award, or other acquisition
Price per share $0.0000 Reported transaction price per share for the acquisition
Shares owned after transaction 13,288 shares Total direct Common Stock holdings following the acquisition
Exchange ratio 2.61882 Each ACC common share converted into the right to receive 2.61882 Company shares
ACC par value $0.0001 per share Par value of ACRES Capital Corp. common stock in merger agreement
Company par value $0.001 per share Par value of ACRES Commercial Realty Corp. common stock in merger agreement
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger, dated April 29, 2026,"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
par value financial
"each outstanding share of common stock, $0.0001 par value per share, of ACC"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
external manager financial
"ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company,"
right to receive financial
"converted into the right to receive 2.61882 shares of common stock,"

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FAQ

What stock transaction did ACR's CFO Eldron C Blackwell report?

Eldron C Blackwell reported acquiring 7,856 shares of ACRES Commercial Realty Common Stock on August 6, 2026 at a stated price of $0.0000 per share, treated as a grant, award, or other acquisition tied to a merger share conversion.

How many ACRES Commercial Realty (ACR) shares does the CFO own after this Form 4 transaction?

After the reported transaction, CFO Eldron C Blackwell directly owns 13,288 shares of ACRES Commercial Realty Common Stock. This reflects his updated direct holdings following the 7,856-share grant or award acquisition recorded on August 6, 2026.

What was the price per share for the ACR stock acquired by the CFO?

The reported transaction price for the shares acquired by the CFO was $0.0000 per share. The acquisition is categorized as a grant, award, or other acquisition, consistent with non-cash consideration received in connection with a merger-related stock conversion.

How are ACRES Capital Corp. (ACC) shares being converted into ACR shares?

Under the merger agreement, each outstanding share of ACRES Capital Corp. common stock converts into the right to receive 2.61882 shares of ACRES Commercial Realty Common Stock, aligning ACC shareholders’ interests with the Company through a fixed stock-for-stock exchange ratio.

Was the ACR CFO's Form 4 transaction executed under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is unchecked and the footnotes do not reference any Rule 10b5-1 plan. Accordingly, the reported 7,856-share acquisition is not identified as being executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

What roles do ACRES Capital Corp. and ACRES Capital, LLC play in relation to ACR (ACR)?

ACRES Capital Corp. (ACC) is party to the merger with ACRES Commercial Realty, and ACRES Capital, LLC, a subsidiary of ACC, serves as the Company’s external manager. ACC common shares convert into ACRES Commercial Realty shares at a 2.61882:1 exchange ratio.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Blackwell Eldron C

(Last)(First)(Middle)
390 RXR PLAZA

(Street)
UNIONDALE NEW YORK

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ACRES Commercial Realty Corp. [ ACR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/06/2026A(1)7,856A$0(1)13,288D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pursuant to the Agreement and Plan of Merger, dated April 29, 2026, between ACRES Commercial Realty Corp. (the "Company") and ACRES Holdings Sub LLC, a subsidiary of the Company, on the one hand, and ACRES Capital Corp ("ACC") and ACRES Capital, LLC, a subsidiary of ACC and the external manager of the Company, on the other hand, (i) each outstanding share of common stock, $0.0001 par value per share, of ACC converted into the right to receive 2.61882 shares of common stock, $0.001 par value per share, of the Company.
/s/ Julie Wilson, attorney-in-fact08/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)